"With Russian oligarchs as clients," said an Austrian banker, "she might have reason to be afraid." (Movie) Where is the real Madoff?

Fraud examiner Harry Markopolos (or Makropoulos) said of the Madoff scheme, "When you're that big and that secretive, you're going to attract a lot of organized crime money, and which we now know came from the Russian mob and the Latin American drug cartel. And when you're zeroing out mobsters, you have a lot to fear."

HSBC and its staff have been accused of receiving "kickbacks for looking the otherway while legitimising BLMIS (Bernard L Madoff Investment Securities) through their name and brand, making it attractive to investors". (HSBC 'took kickbacks to keep Madoff in business'.)

In May of 1999, a very nice Greek-American by the name of Harry Makropoulos, the world’s greatest expert on derivatives, sent a report to the SEC’s Boston office calling the Madoff operation the ‘world’s largest hedge fund fraud’.

My fellow Greek stipulated that ‘my name not be released to anyone other than the Branch Chief and Team Leader in the New York Region without my express permission. I am worried about the personal safety of myself and my family. The report has been written solely for the SEC’s internal use.’

Whom was he afraid of?

Those in the know say Mossad and Israel;

I say rogue Mossad agents acting alone with Madoff.

Makropoulos nailed Madoff, listing the back-door marketing and financing schemes as if he were an insider. But the SEC did not respond.

Powerful political voices ordered the SEC not to proceed. I am not naming names because libel laws mostly favour the criminal in Europe, and their names will never get past the libel lawyers.

The largest investors were not Jewish charities as was reported by Jewish-owned newspapers in New York, but French, Spanish and Swiss private banks. It was Sonia Kohn, of the Medici bank of Vienna, a woman who makes Midge Dexter look like Ava Gardner, who involved Charles Fix...